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California Reportedly Launching Its Own CFPB
HousingWire published an article detailing a reported impending proposal by California Governor Governor Gavin Newsom for the state to create its own version of the Consumer Financial Protection Bureau.
9 Jan 2020
CFPB: Taskforce on Federal Consumer Financial Law Members Announced
The Consumer Financial Protection Bureau (CFPB) announced four members who will serve on its Taskforce on Federal Consumer Financial Law.
9 Jan 2020
FHFA: Foreclosure Prevention Report – Third Quarter 2019
The Federal Housing Finance Agency (FHFA) issued its third quarter 2019 Foreclosure Prevention Report.
9 Jan 2020
FEMA Declared Disaster South Dakota
FEMA issued updates to a Presidential Major Disaster Declaration for areas in South Dakota affected by severe storms, tornadoes and flooding that took place September 9-26, 2019.
8 Jan 2020
FEMA Declared Disaster Mississippi
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by a severe storm, straight-line winds and flooding that took place October 26, 2019.
8 Jan 2020
OCC: Annual Report 2019
The Office of the Comptroller of the Currency (OCC) recently issued its 2019 Annual Report, which provides Congress with an overview of the condition of the federal banking system and details agency strategic priorities.
7 Jan 2020
OCC: Central District Comptroller Selected
On January 6, the Office of the Comptroller of the Currency (OCC) announced Brian James as deputy comptroller for the Central District.`
6 Jan 2020
HUD: 2019 Year in Review
The U.S. Department of Housing and Urban Development (HUD) released its 2019 year in review outlining the major accomplishments of the agency under Secretary Ben Carson.
2 Jan 2020
USDA: Final Rule: Loss Claim and Loss Mitigation
The U.S. Department of Agriculture (USDA) announced that a previously proposed rule designed to streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure and better align loss mitigation policies with the mortgage industry has been published in the Federal Register. The rule will become effective on April 24, 2020.
26 Dec 2019
New York Foreclosure Protection Law Signed by Governor
New York Governor Andrew Cuomo signed A.5619/S.5160 (An Act to amend the real property actions and proceedings law, in relation to the failure to raise the defense of lack of standing in a mortgage foreclosure action). The legislation amends Article 13 of the Real Property Actions and Proceedings Law to protect foreclosure court defendants by allowing more leeway to raise the defense of “standing”.
23 Dec 2019